July 2 (Reuters) - Pembina Pipeline Corp ( PBA ):

* PEMBINA PIPELINE CORPORATION ANNOUNCES PEMBINA GAS

INFRASTRUCTURE'S ACQUISITION OF WORKING INTERESTS FROM WHITECAP

RESOURCES AND NEW LONG-TERM AGREEMENTS

* PEMBINA PIPELINE CORP ( PBA ) - PEMBINA GAS INFRASTRUCTURE

ACQUIRES 50%

INTEREST IN KAYBOB COMPLEX

* PEMBINA PIPELINE CORP ( PBA ): GROSS PROCEEDS RELATED TO

TRANSACTION ARE

$420 MILLION ($252 MILLION, NET TO PEMBINA)

* PEMBINA PIPELINE ( PBA ): TRANSACTION WILL INITIALLY BE FUNDED

USING

PGI'S EXISTING CREDIT FACILITY

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